Own a Palace in Versailles for $30M -- Versailles, Ky., That Is

Yes the Versailles you're thinking of is a chateau in France. This $30 million castle for sale sits in Versailles, Ky. (pronounced ver-SALE), horse country outside of Lexington. Or "Arab-bluegrass country" as one Realtor called it.

Saudi sheiks have bought nearly 5,000 acres of thoroughbred horse farms in the area and listing Realtor Charles Martin wouldn't be surprised if they'll nab this one, too.

Only one problem: It doesn't have a horse facility.

The castle, which was built in 1968 by a couple who visited Europe and were inspired to build their

very own castle, is currently being used as a small luxury hotel and event facility called Castle Post. It's often filled with the thoroughbred horse community: It sits next to Keenland Race Track and Windstar Farms, the horse farm that won the Belmont Stakes and Kentucky Derby this year. Rolex recently rented the castle for the World Equestrian Games.

"It's a different type of property," says Martin who is not only the Realtor but also the general manager of the castle. "I think somebody will probably buy it as a personal home but if somebody wanted they could package the castle and the horse farm for sale across the street."

The castle 50-room castle has 16 guest rooms and a huge stone wall surrounding it, but alas, no moat. The four turrets that are part of the stone wall rent for $755 a night each.

The property also has a library, grand ballroom, 40-seat dining room, plus billiards room, basketball court, tennis courts, manicured gardens with fountains and a pool. It's just waiting for its knight.